2244 Elm
Chico, CA, 95928
$450,000
4 Beds
2 Baths
1,906 SqFt
0.28 Acres
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MLS #SN26113562 image #0
Investor opportunity with built-in income potential! Situated on two lots, this unique property offers endless possibilities for investors or first-time buyers looking to offset their mortgage with rental income. The main home is vacant, turnkey, and move-in ready, featuring 2 bedrooms, 1 bathroom, updated laminate flooring, fresh interior paint, a bonus office space, indoor laundry, and a cozy kitchen with a breakfast nook. There is a long driveway for off-street parking, a newer roof, and a newer HVAC system. Behind the main house is 2242 Elm, a second 2-bedroom, 1-bathroom home with a bonus room or office that is currently tenant-occupied, providing immediate rental income. The additional vacant lot offers even more potential — create a large garden, add RV parking, or explore the possibility of building additional homes to maximize investment income (plans have been drawn up for a 3/2 and 2/1). Conveniently located near downtown, freeway access, shopping, and everyday amenities, this versatile property is packed with opportunity!

Property Details

Price:
$450,000
MLS #:
SN26113562
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
May 26, 2026
Finished Sq Ft:
1,906
Lot Size:
12,197 sqft / 0.28 acres (approx)
Year Built:
1947
Chico UnifiedNeighborhood

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Schools

School District:
Chico Unified

Interior

Appliances
GO, GR
Bathrooms
2 Full Bathrooms
Cooling
CA
Heating
CF
Interior Features
CF
Laundry Features
IN
Levels
A
Main Level Bathrooms
2
Main Level Bedrooms
4

Exterior

Common Walls
NCW
Community Features
URB
View
NE

Financial

Map

Community

Market Summary

Current real estate data for Single Family in Chico as of Jun 01, 2026
431
Single Family Listed
98
Avg DOM
288
Avg $ / SqFt
$425,857
Avg List Price

Property Summary

    2244 Elm Chico CA is a Single Family for sale in Chico, CA, 95928. It is listed for $450,000 and features 4 beds, 2 baths, and has approximately 1,906 square feet of living space, and was originally constructed in 1947. The current price per square foot is $236. The average price per square foot for Single Family listings in Chico is $288. The average listing price for Single Family in Chico is $425,857.

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